CAFTA, prudence, and volleyball

After receiving some responses to a previous post (CAFTA/Culture of Life: Enemies?), I thought I would post the the exchange with my most recent dissatisfied critic. Here’s to volleying! (I have edited the emails for confidentiality.) Continue Reading...

Fair trade goes bananas

You may have heard of “fair trade,” one of the more recent economically-myopic efforts to act as “guarantees that farmers and farmworkers receive a fair price for their labor.” I’ve written before about the fair trade coffee movement (especially in the Church), which has perhaps gained the most public attention. Continue Reading...

‘The Dangers and Follies of Protectionism’

The European Union is running into some problems with its quota policies on Chinese goods: The European Union will tomorrow put proposals to member states for the release of millions of Chinese garments stacked up at customs warehouses since the EU imposed import limits in June, said EU Trade Commissioner Peter Mandelson. Continue Reading...

Where does G.I. Joe shop?

In a FoxNews article, Jack Spencer of the Heritage Foundation reveals some interesting finds from their year-long study of the military industry: US Defense relies heavily on a global free market for its equipment. Continue Reading...

Cuba and China

Here’s a great interview from the Marketplace Morning Report with Chris Farrell, in which he argues for the lifting of trade sanctions against dictatorial and oppressive regimes. He compares the cases of Cuba and China, in which two different strategies have been used, with vastly different results. Continue Reading...

Close call on CAFTA

Close at Home The House of Representatives voted early this morning (12:03 am) to approve the Central American Free Trade Agreement (CAFTA) after weeks of intense lobbying on both sides. The final vote was a close 217-215. Continue Reading...

CAFTA/Culture of Life: enemies?

John Paul II gave us all a tremendous gift by endorsing the terms Culture of Life and Culture of Death. But as with all great gifts, we must guard these terms carefully so as not to wear them out with misuse, robbing them of their relevance. Continue Reading...

CAFTA vs. ‘Distributive Justice’

The Interfaith Working Group on Trade and Investment, a Washington-based amalgam of left-liberal religious activists, has asked the U.S. Congress to reject ratification of the Central American Free Trade Agreement. Here’s a representative statement: “Religious leaders boldly stood with impoverished people and called today for sustainable development in Central America and respect for the integrity of Creation.” Continue Reading...

CAFTA vs. Bishops?

Have you noticed the most recent television ad against CAFTA, the Central American Free Trade Agreement? In it, detractors very wittily capitalize on the rhyme with NAFTA and present it as another ‘sucking sound’ of jobs leaving America. Continue Reading...